The next generation iPhone has a shipping target of over 90 million units within this year.
Apple aims to ship at least 90 million units of its next-generation smart phone, the iPhone 16, in the later half of this year, according to sources. The company reportedly informed its suppliers and partner companies that it aims for a 10% increase in shipment volume compared to the previous model. <4005> Sumitomo Chemical <5201> AGC <5802> Sumitomo Electric Industries
Why Toyota Motor Shares Are Gaining Today
Toyota Motor Corporation (NYSE:TM) shares are trading higher on Wednesday.Toyota Motor North America (Toyota) has joined seven other automakers as an investor in IONNA to support the buildout of its
AU Evening Wrap: Australia Shares Dip as Mining Shares Decline; Financials Offer Limited Support
Australian shares dip as mining shares decline. The materials sector faces pressures from weaknesses in both iron ore and lithium stocks.
There is strong willingness to buy on dips, and the supply and demand impact involved with etfs is limited.
The Nikkei Average continued to rise, closing at 41,831.99 yen, up 251.82 yen (with a volume of approximately 1.809 billion shares) and updated its record high for the second consecutive day. Due to caution against the rapid rise, profit-taking selling took precedence and the level dropped to 41,430.38 yen shortly after the opening. However, with buying observed from overseas investors and a strong expectation for further rise, there was a move to pick up the dip even when the stock price level fell. On the 11th, the US Consumer Price Index (CPI) will be released.
Mitsubishi UFJ, Pan Pacific HD, etc. (additional) rating.
Upgrade-Bullish Code | Stock Name | Securities Company | Conventional | After Change | ------ | ----------------- | ---------- | -------------- | -------------- | <2809> | Kewpie | SMBC Nikko | "2" | "1" | <6806> | Hirose Electric | Morgan Stanley | "Equal Weight" | "Overweight"
AU Morning Wrap: Australian Stocks Open Lower on Mining Sector Weakness; Incitec Pivot Drops 4%
Australian stocks open lower on mining sector weakness; Incitec Pivot drops 4%. Stocks to watch: Incitec Pivot, Bell Financial.
List of cloud breakout stocks (Part 1) [Ichimoku Kinko Hyo Cloud Breakout Stock List]
Cloud-based stock selection list Market Code Name Price Delayed Span A Delayed Span B Tokyo Stock Exchange Prime <1879> Nippon Sekkei Co.,Ltd. 1611 1554.25 1604.5 <1928> Sumitomo Mitsui Construction Co., Ltd. 3577 3569 3510.5 <1929> Nittoku Engineering Co.,Ltd. 1146 1102.25 1142.5
AU Evening Wrap: Australia Shares Rise, Led by Financial Sector, with Commonwealth Bank Hitting Record Close
Australia shares rises, led by financial sector, with commonwealth bank hitting record close.
The Nikkei average is reaching new highs led by high-tech.
The Nikkei average rebounded significantly after three business days, ending the session on the 41000 yen level for the first time, up 799.47 yen to 41580.17 yen (with a volume estimate of 1.7 billion shares traded). High-tech stocks were bought in the US market the previous day, which was well received, and buying of high-tech stocks prevailed at the start of the Tokyo market. In addition, US stock futures in extended hours trading were steadily trending, and there were intermittent index purchases by overseas investors, contributing to the Nikkei average rising towards the mid-afternoon session.
Is the second bull market really here? The Nikkei rose 2% and hit a new high again.
Is the Japanese stock market starting a new bull market?
The Nikkei average rebounded significantly and hit a record high in the afternoon with a one-step high after the buyback swelled.
On the 8th, the US stock market varied. The Dow fell by 31.08 dollars (-0.08%) to 39,344.79 dollars, Nasdaq rose by 50.98 points (+0.28%) to 18,403.74, and S&P 500 rose by 5.66 points (+0.10%) to 5,572.85 at the end of trading. It rose on early expectations of a rate cut but subsequently fell wary of important inflation indicators and testimony from Powell, Chairman of the Federal Reserve Board scheduled for this week.
Active and newly listed stocks during the morning session.
*FujiKura<5803> 3448 +360, stimulated by the rise in Corning's stock price. *Weathernews<4825> 5260 +520, positive view on the double-digit increase in earnings guidance for this term. *Descente<8114> 3790 +325, rapid price increase at the opening without any particular material. *Shibaura Mechatronics<6590> 9600 +650, riding on the trend of semiconductor manufacturing equipment stocks rising. *Daidan<1980> 3245 +190, top half-year growth rate stock.
Hitachi - significant rebound, expected to strengthen shareholder returns.
Significant rebound. It is reported that funds will be increasingly allocated to shareholder returns and growth investment. While continuing to review the business portfolio, it is considering share buybacks and M&A with funds obtained from asset sales. Regarding the total return ratio including dividends and share buybacks, the CFO has reportedly stated that they are conscious of about 50%. In this fiscal year, if the net profit is 600 billion yen and the total return is 50%, the total amount of return will be around 300 billion yen. Expectations are rising for expanding return policies.
Metals & Mining Monitor | Base and Precious Metals Prices Bounce Back; Freeport Cuts Q2 Outlook for Copper, Gold Sales
Base and precious metals prices bounce back; Freeport cuts Q2 outlook for copper, gold.
AU Evening Wrap: Australia Shares Dip Amid Decline in Iron-Ore Mining Shares
Australia shares dip amid decline in iron-ore mining shares. The broader market sees weakness as well, with nine out of eleven sectors ending the day on a lower note.
Is the impact of supply and demand limited to ETF?
The Nikkei average continued to fall, ending trading at 40,780.70 yen (with an estimated trading volume of 1.6 billion 60 million shares) down 131.67 yen. It started with a slight decline as the overheating of rapid upward momentum since the second half intensified, but the reassuring rise of major stock indexes in the US market last weekend led to a strong upswing in the late morning after the sell-off. There were scenes of rising to 41,112.24 yen immediately after the start of trading in the afternoon. However, passive index ETFs (listed investment
Ube, Kobe Steel, etc. (additional) Rating.
Upgrade - bullish code | Stock name | Securities company | Conventional | Revised | ------ | --------------- | ---------- | --------- | --------- | <9433> | KDDI | Mizuho | "Hold" | "Buy" | Downgrade - bearish code | Stock name | Securities company | Conventional | Revised | ------ | --------------- | ---------- |
Tokyo Electron Ltd. unsponsored adr, Kanematsu, etc.
*Tokyo Electron Ltd. unsponsored ADR <8035> and US Automattic jointly develop semiconductor-specific AI infrastructure, which is now publicly available (Nikkan Kogyo front page) - ○ *Ibiden <4062> to mass-produce EV battery safety components, aiming for revenue of 10 billion yen (Nikkan Kogyo front page) - ○ *Lintec <7966> to improve all researchers' skills to become DX professionals through education (Nikkan Kogyo page 3) - ○ *Hitachi Zosen <7004> falsifies fuel efficiency data, affecting 1,364 marine engines (Nikkan Kogyo page 3) - ○ *Kanematsu <8020> cooperates with South Korean charging gun industry giant to launch 30 chargers by the end of this fiscal year.
Attention on Mitsui Matsumura HD and Sanei, while Yasukawa Denki and Hitachi Zosen are sluggish.
In the US stock market last weekend, the Dow Jones Industrial Average rose by 67.87 dollars to 39,375.87, the NASDAQ Composite Index rose by 164.46 points to 18,352.76, and the Osaka Nikkei 225 futures on the Chicago Stock Exchange increased by 175 yen to 41,035 yen. The exchange rate is 1 dollar = 160.70-80 yen. In today's Tokyo market, San-ei <2659>, which announced a 1-for-2 stock split and a 16.6% increase in first-quarter operating profit, Escrow AJ <6093>, which raised its first-half business performance forecast, and whose operating profit was lower than the previous fiscal year
BHP Cuts Employee Incentives, Misses Performance Goals
BHP (NYSE:BHP) announced a 20% reduction in employee incentives after failing to meet its performance goals for the fiscal year. What Happened: The world's largest miner was hit with a $2.5 billion i